2023
Exports
$245MWorld Rnk 14 / 150
Flag Rnk 104 / 1209
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
Imports
$369MWorld Rnk 29 / 206
Flag Rnk 142 / 1210
2023
ECONOMIC COMPLEXITY of United Arab Emirates
0.15Rnk 54 / 132

About

Exports In 2023, United Arab Emirates exported $245M in Palm Oil, making it the 14th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 104th most exported product in United Arab Emirates. The main destination of Palm Oil exports from United Arab Emirates are: Somalia ($54.9M), Mozambique ($47.9M), Djibouti ($40.6M), Yemen ($16.3M), and Oman ($16.3M).

The fastest growing export markets for Palm Oil of United Arab Emirates between 2022 and 2023 were Mozambique ($45.8M), Djibouti ($5.42M), and Bahrain ($5M).

Imports In 2023, United Arab Emirates imported $369M in Palm Oil, becoming the 29th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 142nd most imported product in United Arab Emirates. United Arab Emirates imports Palm Oil primarily from: Indonesia ($190M), Malaysia ($109M), Oman ($41.2M), Saudi Arabia ($22.6M), and Liberia ($2.53M).

The fastest growing import markets in Palm Oil for United Arab Emirates between 2022 and 2023 were Saudi Arabia ($5.59M), Liberia ($2.53M), and Singapore ($473k).

COMPANIES In 2024, leading companies such as Chevron (2) were at the forefront of shipping Palm Oil from United Arab Emirates to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Palm Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$245M
IMPORTS (2023)$369M
NET TRADE (2023)-$124M

In 2023, United Arab Emirates exported $245M in Palm Oil. The main destinations of United Arab Emirates exports on Palm Oil were Somalia ($54.9M), Mozambique ($47.9M), Djibouti ($40.6M), Yemen ($16.3M), and Oman ($16.3M).

In 2023, United Arab Emirates imported $369M in Palm Oil, mainly from Indonesia ($190M), Malaysia ($109M), Oman ($41.2M), Saudi Arabia ($22.6M), and Liberia ($2.53M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR United Arab Emirates WERE (2022 - 2023):
Mozambique$45.8M (2.11k%)
Djibouti$5.42M (15.4%)
Bahrain$5M (67%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY United Arab Emirates WERE (2022 - 2023):
Iran-$169M (-98.5%)
Somalia-$47.3M (-46.3%)
Ethiopia-$11M (-46%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, United Arab Emirates's main exporting competitors in Palm Oil were:
In 2023, United Arab Emirates's main importing competitors in Palm Oil were:
India $8.7B
China $4.85B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $3.66M
TOP IMPORT POTENTIALIndonesia+ $5.79M

Palm Oil’s highest export potential is Saudi Arabia. With an export gap of $3.66M.   Palm Oil’s highest import potential is Indonesia with an import gap of $5.79M.

See methodology.

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